YEARLY HIGH
68.5772 NGN
YEARLY LOW
58.7762 NGN
YEARLY AVERAGE
61.1313 NGN

2014 XCD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the XCD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 68.5772. Conversely, the yearly low was recorded on January 4, dropping to 58.7762.

This high-to-low spread represents a total annual volatility of 9.8010 NGN. From a start-to-finish perspective, comparing the January average rate of 59.2705 to the December average rate of 67.3790, the exchange rate registered a net change of 13.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 68.5772 was up 13.04% compared to the 2013 peak of 60.6669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 342,886 NGN
2013 Average 294,746 NGN
Yearly Trough Low 293,881 NGN
Transaction Impact: A difference of 49,005.16 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

68.1898
58.4596
JanuMarcMayJulySeptNove

XCD to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 60.1994, compared to 62.0633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8640 points.

H1 Avg (Jan–Jun) 60.1994
H2 Avg (Jul–Dec) 62.0633

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 4.7812 NGN (High: 66.0891 / Low: 61.3079). On the other end, March was the most stable month, with a tight range of 0.3996 NGN (High: 61.1273 / Low: 60.7277).

November Spread (Volatile) ±4.7812
March Spread (Stable) ±0.3996

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9457 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 67.3790) against the same month in 2013 (average: 58.9096), the exchange rate shifted by +8.4694 (+14.38%).

2014 Avg (December) 67.3790
2013 Avg (December) 58.9096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.2301 58.7762 59.2705
February 61.2651 60.1863 60.6584
March 61.1273 60.7277 60.9905
April 61.0165 59.4665 60.0448
May 60.3292 58.8227 59.8683
June 60.6016 60.0996 60.3637
July 60.3246 59.8767 60.0675
August 60.2458 59.5564 59.9871
September 60.8291 60.0517 60.4028
October 61.3716 60.4595 60.9774
November 66.0891 61.3079 63.5662
December 68.5772 66.4510 67.3790